Huobi DeFi Labs invests in Punk.Network

We are excited to announce that Huobi DeFi labs has made a strategic investment in Punk.Network. With the backing of Huobi DeFi labs, Punk.Network is positioned to reach our vision of delivering innovative on-chain options products across the DeFi ecosystem.

Punk.Network will work closely with the Huobi ecosystem to explore the potential of new innovative perpetual options and support Huobi ECO-chain.

About Huobi DeFi Labs

Huobi DeFiLabs is the platform for DeFi research, investment/incubation, and ecosystem building. We are dedicated to build a new financial system through collaborations with the global cryptocurrency and DeFi communities for the future.

About Punk.Network

Punk.Network is a high-performance NFT-friendly mainnet developed based on Substrate architecture with NPoS (Nominated Proof-of-Stake) as consensus mechanism; NFTCastle.io, an NFT trading and financial platform developed on Punk.Network, integrates diversified financial services, such as NFT-type asset mortgage loans, StNFT (standardized NFT) and SynNFT (mortgage casting NFT) issuance and transactions.